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1112 E Artesia Boulevard, Long Beach, CA 90805

Commercial property · 2 recorded sales since 2017

1112 E Artesia Boulevard, Long Beach, CA 90805 Sold June 2017 CRMLS
$803,250Sold June 2017

Listing Agent: Kristina Moore (DRE #01926377) · Listing Office: Main Street Realtors · Contact: 562-438-0910 · Bought with: General NONMEMBER · CRMLS · MLS #PW17029988 · Source: CRMLS

4,201
Building Sq Ft
6
Units
4.40%
Cap Rate
7,486 sqft
Lot Size
1956
Year Built
Commercial property
Type

About this commercial property

PRIME 6 UNIT INVESTMENT OPPORTUNITY IN LONG BEACH! 1110 E. ARTESIA AND 1112 E ARTESIA IS ALSO FOR SALE 2 PARCELS SIDE BY SIDE. THE TOAL SQ. FT FOR BOTH PARCELS IS 4201 SQ FT ON A 7486 LOT. THESE PARCELS MUST BE SOLD TOGETHER AND SHARE A COMMON DRIVEWAY. 5 COMMERCIAL SPACES CURRENTLY ALL TENANT OCCUPIED ON MONTH-MONTH LEASES. EACH COMMERCIAL SPACE HAS 1 BATHROOM INSIDE. 1 SINGLE FAMILY HOUSE IN BACK CONSISTING OF 3 BEDROOM/2BATHROOM COMPLETELY REMODELED WITH WASHER & DRYER INSIDE! PARKING FOR UP TO 8 CARS. 3 HUGE STORAGE SHEDS. ALL SEPARATELY METERED FOR ELECTRIC & GAS. SELLER PAYS WATER ONLY. TONS OF UPSIDE IN RENTS. LONG TERM TENANTS WHO HAVE NOT GOTTEN RENT INCREASES IN YEARS. EXTERIOR OF THE PROPERTY WAS RECENTLY PAINTED. NO DEFERRED MAINTENANCE. PRIDE OF OWNERSHIP. SELLER WILL POSSIBLY CARRY THE NOTE.

Listing description from the June 2017 sale, as reported to CRMLS.

Sale history

$803,250
Sold June 2017 · listed $849,250, orig. $939,250, on market February 2017 · MLS #PW17029988 · Source: CRMLS
Listing Agent: Kristina Moore · Listing Office: Main Street Realtors · Contact: 562-438-0910 · Bought with: General NONMEMBER · CRMLS
$803,250
Sold June 2017 · listed $849,250, orig. $939,250, on market February 2017 · MLS #PW17029920 · Source: CRMLS
Listing Agent: Kristina Moore · Listing Office: Main Street Realtors · Contact: 562-438-0910 · Bought with: General NONMEMBER · CRMLS
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